With uncertainty still present in the clouds, investors may find solace in dependable dividend stocks. Unlike your pure growth-oriented enterprises, companies that provide passive income tend to be less volatile when the stuff goes down. Basically, the qualities that allow companies to pay dividends – stable business model, consistent profitability – afford a level of insulation.
Also, by default, dependable dividend stocks provide multiple ways of winning in the market. During stable cycles, investors may enjoy both capital gains and passive income. However, during the rough patches, investors can still weather the storm with the latter.
On that note, here are dividend stocks to consider during these unusual circumstances.
This post appeared first on InvestorPlace.